Willis Towers Watson buys digital asset insurance platform Redefind

Willis Towers Watson (WTW) has acquired Redefind, a web-based level offering security products for cryptocurrency and integer assets, arsenic the broking and solutions radical deepens its footprint successful integer concern protection.

Financial presumption were not disclosed.

Redefind's co-founders, Richard Daws and Connor Edward, person joined WTW pursuing completion of the transaction.

The woody aligns with the company's broader propulsion to widen its services to clients progressive successful cryptocurrency markets, integer concern and tokenised plus ecosystems.

The acquired level operates connected a non-custodial model, concentrating connected the costs associated with recovering integer assets alternatively than their marketplace value.

Coverage encompasses expenses arising from forensic investigations, plus tracing and ineligible betterment proceedings pursuing integer plus theft.

Redefind's enterprise-grade exertion relies connected cryptographic impervious of ownership to marque insurable assets that person historically been hard to cover. Its products cater to some idiosyncratic and organization customers crossed assorted custody arrangements.

The work is initially owed to motorboat successful the UK, with further merchandise improvement and planetary enlargement planned.

WTW was established successful January 2016 done the merger of Willis Group Holdings, which traces its origins to 1828, and Towers Watson, itself formed by the 2010 operation of Towers Perrin and Watson Wyatt.

WTW planetary specialities caput Alastair Swift said: “As integer assets proceed to determination further into the mainstream, request for credible regulated extortion solutions is increasing. Through this investment, WTW is taking a starring presumption to signifier the aboriginal of hazard transportation and extortion successful the integer economy.”

The acquisition follows a play of stronger fiscal show for WTW.

In the archetypal 4th of 2026, nett income roseate by 27% twelvemonth connected twelvemonth to $303m, up from $239m.

Revenue grew by 8% to $2.41bn from $2.22bn, and adjusted net earlier interest, taxes, depreciation and amortisation (EBITDA) climbed to $589m from $532m.

Adjusted EBITDA borderline edged up to 24.4% of gross from 23.9% successful the corresponding play of 2025.

"Willis Towers Watson buys integer plus security level Redefind" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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